Pan-Asia Catalysts/Events, Quiddity Advisors

David Blennerhassett

HK Type 4 license through Ballingal Investment Advisors Ltd. 

I'm a highly experienced sell-side analyst with in excess of 26 years of covering Asia Pacific equities, the past 20 years immersed in event strategies encompassing M&A risk arbitrage, directional long/short, stub trades and restructuring.  

My background also includes accountancy (liquidation/bankruptcy/receivership) earlier in my career and as a chief financial officer of a global commodity company based in the US and Mexico.

Pan-Asia Catalysts/Events

Cathay (293 HK): Air China Sells Down Ahead Of Qatar Airway's Buyback

Cathay (293 HK) Takes Out Qatar Airway's Stake

StubWorld: Swire Pac's NAV Discount Widens. Bs Outperform As

Quiddity Advisors

Event-Driven

<ul>
<li>
<a href="https://www.smartkarma.com/entities/cathay-pacific-airways-ltd" target="_blank" data-smartkarma-citation="entities:243:1" rel="noopener">Cathay Pacific Airways (293 HK)</a><a href="https://www.smartkarma.com/entities/cathay-pacific-airways-ltd" target="_blank" data-smartkarma-citation="entities:243:1" rel="noopener"></a>'s recent outperformance is predicted on a (perceived) greater flexibility to shift capacity/routes versus <a href="https://www.smartkarma.com/entities/air-china-ltd-a" target="_blank" data-smartkarma-citation="entities:1080:1" rel="noopener">Air China Ltd (A) (601111 CH)</a>, and proportionately less Middle East exposure.</li>
<li>Preceding my comments on Cathay/Air China  - and <a href="https://www.smartkarma.com/entities/wh-group-ltd" target="_blank" data-smartkarma-citation="entities:13200:1" rel="noopener">WH Group (288 HK)</a> - are the current setup/unwind tables for Asia-Pacific Holdcos.</li>
<li>These relationships trade with a minimum liquidity of US$1mn, and a % market capitalisation &gt;20%.</li>
</ul>



Cathay Pacific Airways (293 HK)'s recent outperformance is predicted on a (perceived) greater flexibility to shift capacity/routes versus Air China Ltd (A) (601111 CH), and proportionately less Middle East exposure.
Preceding my comments on Cathay/Air China  - and WH Group (288 HK) - are the current setup/unwind tables for Asia-Pacific Holdcos.
These relationships trade with a minimum liquidity of US$1mn, and a % market capitalisation &gt;20%.


Henan Shuanghui Investment & Development (000895 CH)

StubWorld: Cathay Air Outperforming Air China; And WH Group Outperforming Smithfield